New Offices In Buffalo Grove

March 03, 1985

Trammell Crow Co. is wrapping up construction of the two latest buildings in the Buffalo Grove Business Park, Buffalo Grove. The single-story properties, to be completed in March, are a 35,000-square-foot office building with an atrium lobby and a 26,000-square-foot service center with office and warehouse space. The buildings were designed by Wilson/Jenkins & Associates Inc. and constructed by Itasca Construction Associates. Office suites are sized from 700 square feet, said Tim Beechick, a partner with Trammell Crow. Each tenant will have its own entrance and individually controlled

electricity, heating and air conditioning. The project is on the northeast corner of Arlington Heights and Lake Cook Roads.

GTE SIGNS IN MT. PROSPECT

GTE Directories Corp. has retained Opus Designers Builders Developers Inc. to construct a 43,250-square-foot building for its national marketing services and regional graphics and publishing groups in the Kensington Center business park, Mt. Prospect. GTE Directories, which sells Yellow Pages advertising and publishes more than 900 telephone directories, is scheduled to move more than 230 persons to the new facility in October. The firm will lease its building from Opus. Hiffman Shaffer & Co. represented Kensington Center is lease negotiations.

AMCO Corp., a manufacturer of food services equipment, has awarded a contract to Inland Construction Co. to construct a 71,000-square-foot warehouse and assembly building next to its existing, 150,000-square-foot building at 901 N. Kilpatrick Ave., Chicago. The expansion, to be completed this summer, will add 25 jobs to AMCO`s present workforce of more than 140, Inland said. The project was designed by Bernheim-Kahn Ltd. and financed by an industrial revenue bond issue.

VENTURE BUILDS IN MUNDELEIN

The Venture Stores division of May Department Store Co. has purchased a 26-acre site on the northeast corner of Ill. Hwy. 60 and U.S. Hwy. 45 in Mundelein and is building an 80,000-square-foot Venture discount department store on the site. The store will open this autumn, and an additional 155,000 square feet of shops are expected to open late this year or in early 1986, according to Coldwell Banker Commercial Real Estate Services, the sole brokerage firm in the transaction.

TRANSAM PLAZA II GETS HMO

U.S Health Care Systems Inc., one of the nation`s largest health maintenance organizations (HMOs), signed a 15,000-square-foot lease in TramsAm Plaza II, a five-story, 118,000-square-foot building in Oakbrook Terrace. The firm`s HMO Great Lakes Inc., serving northeastern illinois, northwestern Indiana and southern Wisconsin, will take space on the building`s first floor, according to Grubb & Ellis-Midwest, which represented the tenant in lease negotations. Coldwell Banker Commercial Real Estate Services represented TransAm Plaza II.

OAKBROOK TERRACE LEASE SIGNED

Headquarters Cos. has signed a 10-year lease for 17,315 square feet in Mid America Plaza, an Oakbrook Terrace office building owned by a joint venture involving Lincoln Property Co. and the Equitable Life Assurance Society of the U.S. Headquarters Cos., which subdivides and subleases space to small office tenants. The firm is scheduled to take occupancy on April 1. Grubb & Ellis Co. represented the tenant in lease negotations with Lincoln Property.